Magnolia Oil & Gas is engaged in the acquisition, development, exploration, and production of oil and natural gas properties located in the United States. All of Co.'s operations are conducted in one geographic area of the United States. Co.'s oil and natural gas properties are located primarily in Karnes County and the Giddings Field in South Texas, where Co. primarily targets the Eagle Ford Shale and the Austin Chalk formation. The MGY stock yearly return is shown above.
The yearly return on the MGY stock yearly return page and across the coverage universe of our site,
is a measure of the annual return over the calendar year 2021 for the given stock.
When performing this calculation it is important to factor in dividends, because a financial instrument's annual return is
more than just the change in price if that instrument pays a dividend or coupon.
One way to factor dividends into the return is simply to count them as cash — we don't do
that here. Instead, our website aims to empower investors
by performing the MGY annual return calculation with any dividends reinvested as applicable (on ex-dates).
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